Ripple Market Report: XRP/BTC Down -26.19% on the Month

Brief:


Ripple is up 10.91% on the day, down -9.22% on the week and down -26.19% on the month on a last price of 0.00000620. XRP/BTC is trading between a 24hr high of 0.00000655 and a 24hr low of 0.00000420 on a 24hr volume of 1328 BTC or 227488298 XRP. The weekly trend is mixed.

Last price

0.00000620 XRP/BTC

$USD

last price $ 00.00625342
one week ago $ 00.00688885
percentage -9.22%

Volume

Volume

The 24 hour volume on Poloniex is 1328.82006345 BTC or 227488298.79434883 XRP.

Remarks

For the last month Ripple has been on a steady decline losing value as the price of bitcoin rose. We saw XRP/BTC previously hit a hard bottom at 0.00000420. This price is support at the daily, weekly and monthly levels.

Things changed today with the slight decline in bitcoin to $999.90. Today we see a Ripple 10.91% rise on the day.

One Month Chart

chart-xrp-btc-1month-4hour-2017-01-05

Zoom in to see weekly price and volume detail with the Featured Chart.

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Price change

Price change is the percentage change within the period:

period change
day 10.91%
week -9.22%
month -26.19%

Featured Chart

Tap or click chart to enlarge:

chart-xrp-btc-1week-2hour-2017-01-05

Data source

Poloniex is the data source for this market report.

Market capitalization

Market capitalization is the total $US dollar value of the Ripple market calculated using the formula:

market cap = ( available supply x last price )
Market cap $ 227,237,889
Available supply 36338178044
Last price $ 00.00625342

Daily High Low

daily high 0.00000655
daily low 0.00000420

Trend

The weekly trend is mixed.

trend is MIXED

Support

Support is the lowest price within the period:

period support
day 0.00000420
week 0.00000420
biweekly 0.00000420
month 0.00000420

Resistance

Resistance is the highest price within the period:

period resistance
day 0.00000655
week 0.00000700
biweekly 0.00000757
month 0.00000978

Margin trading

yes

The data source Poloniex offers margin trading on this digital asset.

Range

Range is the difference in price within the period:

period range
day 0.00000235
week -0.00000063
month -0.00000220

Market sentiment

Market sentiment is neutral.

sentiment neutral

Image courtesy Pixabay.com

Summary

Ripple is up 10.91% on the day, down -9.22% on the week and down -26.19% on the month. The weekly trend is mixed. XRP/BTC saw weekly support at 0.00000420 and weekly resistance at 0.00000700. Market sentiment is neutral.

Disclaimer

Past history is NOT an indicator of future results. Read the legal disclaimer:

http://kittybitcoin.com/docs/disclaimer.php

Printed

This report was printed on Thursday January 05 2017 23:34 hours UTC. Contact KittyBitcoin to request custom reports.

Thanks for reading! 🙂

Tags

Ripple, XRP/BTC, Poloniex, Brief, Last price, Volume, Remarks, Price change, Chart, Data source, Market capitalization, Indicators, Daily high low, Trend, Support, Margin trading, Resistance, Range, Market sentiment, Summary, Disclaimer, Printed, Coming soon, cryptocurrency, bitcoins, BTC, altcoins, investing, trading, speculation, coins, investment, digital, assets, tags,

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